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Spenda Limited Issues Unquoted Securities to Strengthen Equity Structure

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Spenda Limited Issues Unquoted Securities to Strengthen Equity Structure

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Spenda Limited ( (AU:SPX) ) has issued an update.

Spenda Limited has announced the issuance of 12,500,000 unquoted securities, specifically options expiring on September 30, 2027, with an exercise price of $0.0175. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, indicating a strategic move to manage its equity structure and potentially enhance its financial flexibility.

More about Spenda Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$27.69M

See more data about SPX stock on TipRanks’ Stock Analysis page.

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